Skopje, 20th June 2012 (MIA) – Today, government team headed by Prime Minister Nikola Gruevski presented the investment opportunities and the conditions for doing business in Macedonia in front of representatives of more than 60 companies in the Business Forum in the Russian city of Nizhny Novgorod.

Nizhny Novgorod is administrative center of Nizhny Novgorod Region, being the fast-growing region in the Russian Federation and one of the richest in the country, with developed agriculture, metallurgy, mechanical engineering, car and processing industry.

During his opening address, Chairman of Novgorod Chamber of Commerce and Industry, Dmitry Krasnov, offered specific steps for launching more intensive cooperation with Macedonian companies to the end of realizing specific projects.

– I would like to point out that the business community and the companies would like to exchange detailed information in order to realize specific projects. We propose our counterparts from the Economic Chamber of Macedonia to develop single e-register of companies, in order to facilitate the exchange of information between Nizhny Novgorod and Macedonia. We hope today’s visit will be used as a starting point towards establishing successful bilateral economic cooperation, Krasnov stressed.

Prime Minister Gruevski pointed out that the visit was aimed at creating conditions for more intensive and more dynamic economic bilateral cooperation.

– Our goal is to visit as many regions in your country as possible and introduce local companies with Macedonia’s opportunities and advantages for doing business, so that they can start considering the country as a place to develop their business and sell products on the European market, Gruevski said.

Mentioning Macedonia’s comparative advantages, President of the Government Gruevski also referred to the investments that have already been realized in Macedonia and the possibility for their intensification.

– Despite the fragile economic growth on the European continent, we welcomed the investments of ”Johnson Controls”, “Kemet Electronics”, “Krombert & Schubert”, "Draxlmaier”, “Windtech International” and others in the last two years. At present, companies from China, India and Qatar have demonstrated a serious interest to invest, which is a strong confirmation that we are on the right track, i.e. on the way towards economic prosperity. Companies from Nizhny Novgorod, leaders in the metallurgy, car and petrochemical industry, as well as others, are more than welcomed in the Republic of Macedonia, Gruevski stressed.

In his presentation, Vice Prime Minister Zoran Stavreski highlighted the lowest costs for doing business Macedonia offers to foreign investors, in particular the lowest tax package in Europe.

Minister for Foreign Investments Bill Pavleski presented opportunities for investments in the field of tourism and energy, whereas Deputy Director of the Agency for Foreign Investments and Export Promotion Hristijan Delev referred to the possibilities for export of Macedonian agricultural products to Nizhny Novgorod.

Also available in: Macedonian

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